Short Interest in Brighthouse Financial, Inc. (NASDAQ:BHFAO) Grows By 58.4%

Brighthouse Financial, Inc. (NASDAQ:BHFAO) was the target of a significant increase in short interest in the month of January. As of January 15th, there was short interest totalling 33,900 shares, an increase of 58.4% from the December 31st total of 21,400 shares. Based on an average daily volume of 40,900 shares, the days-to-cover ratio is presently 0.8 days.

Brighthouse Financial Stock Down 2.3 %

Brighthouse Financial stock opened at $21.92 on Thursday. The company has a fifty day simple moving average of $23.43 and a 200-day simple moving average of $24.52. Brighthouse Financial has a 52-week low of $20.74 and a 52-week high of $26.00.

Brighthouse Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 26th. Shareholders of record on Tuesday, December 10th were paid a dividend of $0.4219 per share. This represents a $1.69 dividend on an annualized basis and a yield of 7.70%. The ex-dividend date was Tuesday, December 10th.

Brighthouse Financial Company Profile

Brighthouse Financial, Inc provides annuity and life insurance products in the United States. It operates through three segments: Annuities, Life, and Run-off. The Annuities segment consists of variable, fixed, index-linked, and income annuities for contract holders' needs for protected wealth accumulation on a tax-deferred basis, wealth transfer, and income security.